Well Bailey is saying one thing before going safe: It is believed that day-to-day bosses Amanda Staveley and her husband Mehrdad Ghodoussi are setting a budget of around £100m for the summer, but we are told that majority owners Saudi Arabia’s Public Investment Fund have also made it clear that funds are, and will always be, available for any 'marquee' signings.
So no one really knows the budget. We have £100m to spend but we also might spend another £50m or 100 or nothing.